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Florida-Based Construction Equipment Rental Firm Seeks to Ease Concerns.
Publication: The Miami Herald (Miami, Florida) (via Knight-Ridder/Tribune Business News) Publication Date: 25-MAY-01 |
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COPYRIGHT 2001 The Miami Herald
Byline: Patrick Danner
May 25--NationsRent is gushing red ink and its stock has been in a free fall, but Chairman and Chief Executive James T. Kirk reassured shareholders Thursday that the Fort Lauderdale-based construction equipment rental company is a viable business.
"We intend to be here," Kirk told shareholders at the company's annual meeting. "We're doing what we think is [best] to improve and grow the business."
That didn't satisfy some shareholders, who have watched NationsRent's stock tumble from its initial public offering...
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